AAII Sentiment Survey, 6/21/23
Bullish remained the top sentiment (42.9%; above average) & bearish remained the bottom sentiment (27.8%; below average); neutral remained the middle sentiment (28.4%; below average); Bull-Bear Spread was +15.1% (above average). Investor concerns: Inflation (moderating but high); economy; the Fed; dollar; crypto regulations; market volatility (VIX, VXN, MOVE); Russia-Ukraine war (69+ weeks, 2/24/22- ); geopolitical. For the Survey week (Th-Wed), stocks were down, bonds up, oil up sharply, gold down, dollar down. Powell remained hawkish in the House subcommittee (today, the Senate). #AAII #Sentiment #Markets
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